Home 5 Articles and Reports 5 Africa is the growing market for the future

Africa is the growing market for the future

by | Oct 31, 2019 | Articles and Reports, News

“Africa is rising”, declared Gbadega Adedapo, president of the Nigerian Publishers Association, on the final day of the Sharjah Publishers Conference, ahead of the Sharjah International Book Fair.  Part of the reason for that rise was touched on in keynote addresses by Samuel Kolawole, chair of the African Publishers Network (APNET) and Sheikha Bodour al Qasimi, vice-president of the International Publishers Association (IPA).

Kolawole said: “As the Global Partnership for Education observed ‘Africa is currently the youngest continent in the world and will continue to be for the next several decades.  By 2100, almost half of the world’s young people will be African.’”

He described the Memorandum of Understanding signed on the sidelines of the IPA’s Africa seminar in Nairobi earlier this year as a landmark agreement and said that looking ahead, APNET and the IPA should focus on a number of areas including capacity building and manpower development through regional workshops and training; develop sustainable data generation, the lack of which is a much mentioned problem in the region; and “supporting the promotion of intra-African book trade, especially in view of the enormous opportunities presented by the African Continental Free Trade Agreement which is bringing together the 1.2 billion population of Africa across 54 countries in a single market with a GDP of more than $3 trillion”.

In Sheikha Bodour’s well-received speech she talked about the importance of Africa, the Middle East and Asia.  “They have the growth potential. They are attracting more attention on the global stage as publishing and pop culture become more globalised.  And of course, the device in our pockets is only making this happen more quickly.

“I believe that it is in these emerging markets that the readers of the future are to be found.  Around 90% of the global population under 30 are in emerging markets, with Africa and the Middle East having the highest proportion. Emerging and developing markets also account for almost 60% of global GDP, up from just under half only a decade ago. These are the book buyers of the future and it is our duty as publishers to provide them with the material they need so that they can lead successful, fulfilled lives.”

Recent News

28Jan
Gurnah Highlights Shared Humanity at SFAL 2025

Gurnah Highlights Shared Humanity at SFAL 2025

One of the highlights of the inaugural Sharjah Festival of African Literature (SFAL) 2025 was Nobel Prize-winning author Abdulrazak Gurnah’s captivating Book Talk session on day two. The session, led by Emirati writer Eman Al Yousef, focused on Gurnah’s novel “Afterlives,” probing migration, displacement, and colonial scars in East Africa. Gurnah emphasised how stories entangle […]

23Jan
‘The Little Prince’ Gets a Chinese Adaptation

‘The Little Prince’ Gets a Chinese Adaptation

In a major push into animation, media tech investment firm Stars Collective is partnering with Shanghai-based El Pajaro Pictures to develop, produce and distribute a fresh take on Antoine de Saint-Exupéry’s beloved classic “The Little Prince.”   “The Little Prince” weaves a poetic tale of a young prince who travels from planet to planet, meeting […]

23Jan
Januškevič Brings Harry Potter to Belarusian Readers

Januškevič Brings Harry Potter to Belarusian Readers

Januškevič Publishing House, a Belarusian publisher now operating from Poland, has successfully obtained the rights to publish J.K. Rowling’s Harry Potter series in Belarusian. previously, the copyright holders had declined to grant the translation rights on the grounds of international sanctions on Belarus, and of Rowling’s own views on the matter. However, after lengthy negotiations and […]

Related Posts

‘The Little Prince’ Gets a Chinese Adaptation

‘The Little Prince’ Gets a Chinese Adaptation

In a major push into animation, media tech investment firm Stars Collective is partnering with Shanghai-based El Pajaro Pictures to develop, produce and distribute a fresh take on Antoine de Saint-Exupéry’s beloved classic “The Little Prince.”   “The Little Prince”...

Januškevič Brings Harry Potter to Belarusian Readers

Januškevič Brings Harry Potter to Belarusian Readers

Januškevič Publishing House, a Belarusian publisher now operating from Poland, has successfully obtained the rights to publish J.K. Rowling’s Harry Potter series in Belarusian. previously, the copyright holders had declined to grant the translation rights on the...

How did Jaipur Rugs become a matter of literature?

How did Jaipur Rugs become a matter of literature?

The tale of the Jaipur Rugs, founded in 1978 by Nand Kishore Chaudhary in India, has left the carpet industry and entered the realm of literary obsession. From a two-loom, nine-artisan shop, it has transformed into a world-acclaimed universal business working with...

Previous Next
Close
Test Caption
Test Description goes like this

Pin It on Pinterest